Mega Millions Lotto Draw
Lottery games are very popular in the U.S. with most states having their own lotto. There are also several national lotto draws, including Mega Millions, which is fast becoming America’s most popular lottery thanks to jackpots that regularly exceed $200 million.
Originally launched in 1996 as the ‘Big Game’, the lottery was rebranded in 2002 to become Mega Millions, and since then has gone from strength to strength. The game has undergone many changes since its inception, including in October 2017 when a series of alterations were made with the aim of generating bigger and better jackpots.
To win the Mega Millions jackpot you must match all five main balls from a possible 1-70 plus the Mega Ball from a second pool between 1 and 25. In addition to the jackpot, there are eight further prize tiers for players matching fewer numbers. All prizes offered in the secondary tiers are guaranteed a seven-figure sum, regardless of the number of winners*.
In the event of more than one ticket matching all five main numbers and the Mega Ball, the jackpot is shared equally between all the winning players. All Mega Millions jackpot prizes are subject to state and federal taxes, and Mega Millions jackpot winners can choose to accept their winnings in a lump sum payout or via a twenty nine-year annuity option.
Although the odds of winning the jackpot are 1 in 302,575,350, the overall odds of winning a prize on Mega Millions are just 1 in 24.
In some participating states, Mega Millions offers a Megaplier option for a small addition fee; this gives players the chance to multiply their non-jackpot winnings by up to five times their base value. The Megaplier number is selected from a pool of 2 to 5 before the main draw and the number drawn will reflect by how much each prize is multiplied.
Players can also opt to forgo their chance of winning a non-jackpot prize by selecting the Just the Jackpot option. For a small additional fee, this grants entrants a second shot at winning the jackpot prize.
The biggest jackpot ever won on Mega Millions was worth $656 million and was shared between three ticket holders in March 2012. The game continues to award lucky winners with eight or nine-figure prizes to this day. There has never been a better time to play this American lottery game, so buy your Mega Millions tickets online today!
* In California, all lottery prizes are pari-mutuel, which means they are based on the amount of tickets sold and the number of prizes won in each tier. This means the value of prizes in each draw can vary.
Page Last Updated: 24/02/2021 04:10:09